Plan Ledger DOL Form 5500 · updated monthly

Pak Lite401(k)

PAK LITE 401(K) PROFIT SHARING PLAN AND TRUST · SUWANEE, GA · plan year 2023

Reported admin expense ratio · 2023
0.45%

Pak Lite reported $49,163 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Georgia (1,142nd of 2,160), and the 1,054th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$11,804,435
Participants with balances195
Active participants185
Employer contributions—
Employee contributions$901,245
Employer contribution per active participant—
Average account balance$60,536
Benefits paid to participants$1,092,544
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Plan history2
Yearassets · accounts · employer contribution
2023$11.8M · 195 accts
2022$10.2M · 190 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,387
Investment management$21,776
Total administrative$49,163
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE CO · Investment advisory (participants) · Recordkeeping$27,816
APRIO WEALTH MANAGEMENT, LLC · Investment advisory (plan)$21,347

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$49,163 · 0.45%
2022$50,132 · 0.44%
Same employer
Similar plansTransportation & Warehousing · Georgia
Parkmobile, LLC GA$14.1M · 0.22%
John S. James Co. GA$11.4M · 0.28%
Howard Sheppard, LLC GA$10.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581121616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.